Cherry Ventures

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Business

Proxima Fusion Raises €130M Series A to Advance Nuclear Tech

June 11, 2025
Francesco Sciortino, CEO of Proxima Fusion, speaks at a podium at the company's lab opening in Munich. A background screen displays complex machinery.

European startup Proxima Fusion secured €130 million in Series A funding, challenging US dominance in the commercial nuclear fusion sector…

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